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Gigaset AG
Company typeAktiengesellschaft
FWB: GGS
ISINDE0005156004
IndustryConsumer electronics
Founded2008
HeadquartersBocholt, North Rhine-Westphalia, Germany
Key people
Klaus Weßing (CEO and chairman of the executive board), Bernhard Riedel (Chairman of the supervisory board)
ProductsCordless, VoIP and corded telephones as well as Smart Home
Revenue€280 million (2018)[1]
Decrease (€8.5 million) (2018)[1]
Decrease €3.4 million (2018)[1]
Total assetsDecrease €213.1 million (2018)[1]
Number of employees
888 (2018)[1]
ParentGoldin Group (>70%)
Websitewww.gigaset.com

Gigaset AG, formerly known as Siemens Home and Office Communication Devices, is a German multinational corporation based in Bocholt, Germany. The company is most active in the area of communications technology. Gigaset manufactures DECT telephones. In 2017, it had 930 employees, revenue of 293 million Euro and sales activities in approximately 70 countries.[2]

Gigaset is owned by the Goldin Group (>70%) and hence controlled by Hong Kong businessman and entrepreneur Pan Sutong.[3] Gigaset AG is listed on the Prime Standard of Deutsche Börse and its shares are traded on the Frankfurt Stock Exchange (ISIN: DE0005156004).

History

Gigaset Communications was established on 1 October 2008, when Arques Industries [de], a private equity firm, acquired 80.2% equity interest in Siemens Home and Office Communication Devices GmbH & Co. KG (SHC) from Siemens AG for 45 million euros.[4][5] On 24 January 2024, Gigaset AG and its assets will be acquired by VTech Holdings Limited. The transaction is set to be completed on 2 April 2024.[6][7]

Products and services

Gigaset creates numerous products for home and small office use:

Recent Gigaset and Gigaset pro cordless phones support Cat-iq 2.0 with HD Voice, allowing high-quality calls with a frequency response up to 7 kHz on VoIP/SIP phones and home gateways, using the G.722 wideband audio codec (dubbed High Definition Sound Performance (HDSP) by Gigaset).

Eco Dect and Eco Dect Plus are power-saving technologies used by Gigaset.[11] Energy savings of 60-80% are available using a combination of low-energy switched-mode power supply unit, reduction of transmission power by adjusting transmission power according to the handset's distance to the base station, and switching off radio wave transmission completely when the handset is docked and charging or in standby mode. A green home logo indicates that the product has these features.

References

  1. ^ a b c d e "Annual Report 2018" (PDF). Gigaset. Archived (PDF) from the original on 31 March 2022. Retrieved 9 Nov 2019.
  2. ^ "Annual Reports | Gigaset". www.gigaset.com. Archived from the original on 2022-06-29. Retrieved 2018-05-30.
  3. ^ Heuzeroth, Thomas (2018-05-29). "Gigaset: Das ist das erste Smartphone aus Deutschland". DIE WELT. Archived from the original on 2018-05-30. Retrieved 2018-05-30.
  4. ^ Siemens Plans to Cut Up to 7,000 Jobs Archived 2022-04-26 at the Wayback Machine. New York Times, February 26, 2008
  5. ^ A Home Network Where Your TV Talks to Your Fridge Archived 2022-04-26 at the Wayback Machine. New York Times, August 24, 2008
  6. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". VTech. Retrieved 2024-01-24.
  7. ^ "VTech to Acquire Assets of Gigaset Communications GmbH". Gigaset. Retrieved 2024-01-24.
  8. ^ "Gigaset presents new GS270 smartphone | Gigaset". Archived from the original on 2017-12-01. Retrieved 2017-11-18.
  9. ^ "Discover the Gigaset GL7 flip phone". www.gigaset.de. Gigaset. 11 March 2023. Archived from the original on 11 March 2023. Retrieved 11 March 2023.
  10. ^ "Radikale Minimalisten ct 2023 issue 07 page 67ff73 Feature-Phones with Messenger". www.ct.de. c't. 11 March 2023. Archived from the original on 11 March 2023. Retrieved 11 March 2023.
  11. ^ "Eco Dect Green Home". GigaSet. Archived from the original on 2016-12-14. Retrieved 2017-01-21.

External links

Siemens
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